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Lee Jae-Yong encourages workers at Samsung’s startup incubation center

Samsung Vice Chairman Lee Jae-Yong, who is currently facing corruption charges, has been visiting the company’s important manufacturing plants and R&D centers for high-level meetings. Today, he visited the South Korean tech giant’s startup incubation center in Suwon amid global uncertainties and encouraged workers. During his visit, Lee vowed support for startups.Lee said, “The future […]

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Validity of probe into Samsung heir Lee Jae-Yong to be determined today

Samsung heir Lee Jae-Yong has been embroiled in a long-running corruption scandal and accounting fraud case. He appeared in a court earlier this month for court proceedings and dodged an arrest. Later, it was decided that an outside committee will review the validity of the probe, and that is going to determined today.South Korea’s top […]

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Samsung’s Lee Jae-Yong visits chip R&D center to discuss future strategy

Ever since the retrial of Samsung heir Lee Jae-Yong’s bribery case began last year, uncertainties regarding the company’s leadership have been growing. He issued a public apology last month and had to appear in the South Korean court earlier this month, and a possible arrest has been hanging over his head. Lee has been conducting high-profile […]

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Samsung’s Lee Jae-Yong holds meetings with key executives after dodging arrest

In the ongoing probe against Lee Jae-Yong, Samsung Group’s Vice President, the South Korean court had rejected an arrest warrant last week. Since then, the company’s heir has reportedly held important meetings with key executives from Samsung’s smartphone and semiconductor business arms.According to reports coming out of South Korea, Lee Jae-Yong met with Kim Ki-Nam […]

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Probe against Samsung heir Lee-Jae yong could be reviewed by outside committee

An outside committee could review the ongoing probe that’s looking into corruption allegations against Samsung Group’s Vice President Lee Jae-yong. A civilian panel will decide today whether it is necessary for the prosecution to assemble a panel of outside experts to review the validity of the ongoing case against the company’s heir.Seoul’s Central District Prosecutor’s […]

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Samsung VP Lee Jae-yong appears in court, awaits decision on whether he’ll go back to jail

Lee Jae-yong, Samsung Group’s Vice President, isn’t entirely out of the corruption scandal yet. He had issued a historic apology last month and vowed to end the royal family line in the business. A few days later, allegations against him cropped up, relating to his involvement in the controversial merger between Samsung C&T and Cheil […]

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Samsung Group steps in to deny allegations against heir Lee Jae-yong

Samsung Group has stepped in to deny the recent allegations concerning heir Lee Jae-yong’s involvement in the controversial merger between Samsung C&T and Cheil Industries. The de facto leader was summoned for investigation by the Seoul Central District Prosecutor’s Office last week, and local prosecutors sought an arrest warrant for Samsung’s heir yesterday.According to Yonhap […]

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Samsung heir probed over C&T and Cheil Industries merger, alleged fraud

Following Samsung Group Vice Chairman Lee Jae-yong’s historic apology, the de facto leader was recently summoned by prosecutors as part of a probe into the Samsung C&T and Cheil Industries merger dating back to 2015, as well as allegations of accounting fraud at Samsung Biologistics. Samsung Group’s heir was summoned for questioning by the Seoul […]

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Samsung head likely to issue mandatory public apology this month

Samsung Vice Chairman and heir apparent, Lee Jae-yong, is expected to soon issue a public apology over company misconduct. The move was previously requested by an independent compliance committee ensuring Samsung is maintaining a required level of transparency in its corporate dealings. It also came with a deadline that Samsung promptly postponed to May 11th due […]

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Samsung’s Lee Jae-yong visits Brazil after 19 years absence in LATAM

Samsung Electronics heir Lee Jae-yong spent the Lunar New Year holidays in Brazil, marking his first trip to Latin America in 19 years ever since he became part of Samsung’s top management. According to The Korea Herald, the company’s de facto leader met with Korean employees working at facilities in Brazil and discussed innovation, as […]

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Samsung annual exec reshuffle seemingly on hold ahead of major reform

Samsung Electronics has yet to make any announcements regarding its annual organizational reshuffle, but the company’s leadership could go through a major reform in the near future. Sources cited by The Korea Herald claim that Samsung Electronics has remained silent on the matter because of the ongoing legal issues involving de facto leader Lee Jae-yong […]

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Samsung heir appears in court as the retrial begins in the bribery case

Samsung Group’s vice-chairman and the de facto chief Lee Jae-yong appeared in Seoul’s High Court on Friday as the retrial in the high-profile corruption scandal began in the country’s capital. In August this year, the country’s top court ordered a retrial in the case, overturning parts of the ruling by the lower court that went […]

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Samsung vice chairman visits R&D hub amid rising uncertainties

In his first public appearance since the Supreme Court ruling last month, Samsung Electronics vice-chairman and heir apparent, Lee Jae-yong, visited Samsung Research, the company’s R&D hub, in Seoul today. According to media reports, the purpose of the visit was to discuss the company’s strategy on future technologies amid rising uncertainties.Lee reportedly discussed developments in […]

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